The idea that the rich can provide for public needs through their philanthropy has shown once again that it doesn’t work.
At the same time, the spectacular growth of the most visible institutions may distract from how art institutions are faring as a whole. According to the National Endowment for the Arts, between 2002 and 2012, average adult attendance at art museums and galleries declined, by as much as 30 percent.
That makes it all the more important to see that, whatever its glories, the great American museum boom mirrors all the irrational extremes of the age of inequality.
How the Rich Are Hurting the Museums They Fund http://nyti.ms/2a30XkN